JUPITER, Fla., July 20, 2011 (GLOBE NEWSWIRE) -- GelTech Solutions, Inc. (OTCBB:GLTC), creators of FireIce, a revolutionary water enhancing fire suppressant that has the potential to change current firefighting techniques globally, is pleased to announce that Michael Reger, our principal shareholder and our lender, has joined us to work on special projects.
"Michael will be an enormous asset to our strategic planning and business development for both FireIce and Soil2O," said Joseph Ingarra, our President. He has been a Partner of III Associates ("III"), and AVM, L.P. ("AVM") for over 19 years. III is a registered investment advisor focused on managing global fixed income hedge funds, and AVM is an institutional broker-dealer. "Michael's extensive knowledge of the financial industry and managerial skills in building and growing businesses will be invaluable. We are very excited to have him on our team to assist us with special projects from time to time," Mr. Ingarra added.
Michael Reger had a distinguished career, serving in various capacities at J.P. Morgan prior to joining AVM/III. These included Proprietary Trading and Market Making in U.S. Treasuries in New York, Head of U.S. Treasury Trading in London, Cross-Market Government Arbitrage Book in London, and Head of Global U.S. Swap Book. He also held the position of Senior Vice President with Cantor Fitzgerald & Co. in the Investors Strategy Group.
About GelTech Solutions, Inc.
GelTech Solutions creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, such as water conservation and the protection of lives, homes, and property from fires. FireIce(R) is a patent pending fire suppressant used for direct attack of fires as well as a medium term retardant for structure protection. FireIce can be used in all types of apparatus; fire extinguishers, pumper trucks, aerial units for wildfires and home defense units for personal home protection.
FireIce® is a patent pending fire suppressant used for direct attack of fires as well as a medium term retardant for structure protection. FireIce can be used in all types of apparatus; fire extinguishers, pumper trucks, aerial units for wildfires and home defense units for personal home protection.
Soil2O™'s dust control products and solutions stop all types of particulate matter from entering the air and water, solving even the most stubborn dust control problems. Soil2O™'s proven dust control products and solutions work on: aggregate pits, road construction sites, unpaved roadways, shoulders, and trails, coal, mineral, ore and limestone storage piles, gravel runways, heavy traffic roads, landfills, helipads and construction sites.
For more information on GelTech, please visit: www.globenewswire.com/newsroom/ctr%3Fd=200732%26l=9%26a=http%253A%252F%252Fwww.GelTechSolutions.com%26u=http%253A%252F%252Fus.lrd.yahoo.com%252F_ylt%253DAuHOGp0ePm4FQhUDb0hXLJuliRkC%252FSIG%253D1150v51h1%252F%252A%252Ahttp%25253A%252Fwww.GelTechSolutions.com%252F">http://www.GelTechSolutions.com
To learn more about FireIce, please visit: http://www.fireice.com/">www.fireice.com
To learn more about Soil2O, please visit: http://www.soil2o.com
Join our growing FireIce fan base at: http://www.facebook.com/FireIce911">www.facebook.com/FireIce911
Become a fan of our new homeowner solution at: http://www.facebook.com/FireIceHDU